Active
216 W LINCOLNWAY Unit: 31A
Cheyenne WY, 82001
Active
29,362 sqft
Commercial
Built in 1882
Nestled in the vibrant heart of downtown Cheyenne, this historic building, constructed in 1882, embodies the rich heritage of Wyoming's Old West. Offering a blend of office and retail spaces, it showcases a thriving commercial environment. Currently, the ground floor is home to established retail tenants, including Wyoming Home, which has enjoyed over two decades of occupancy. The upper levels feature more than 8,500 square feet of office space, with the largest suite measuring approximately 4,500 square feet available for lease at the end of the first quarter of 2025. The building is fully ADA accessible and includes an elevator, ramps, and spacious hallways to ensure ease of access. Investors will appreciate the potential cap rate exceeding 6.5%, supported by both current leases and historical tenant performance. Following extensive renovations a few years ago, this property now boasts modern amenities while preserving its historic charm. Safety is prioritized with a state-of-the-art fire suppression system that includes active sprinkler systems and smoke dampeners in compliance with rigorous city codes. This iconic structure presents an exceptional opportunity for those looking to invest in a piece of Cheyenne's storied past while securing future growth potential.
95827
MLSⓇ ID
January 10, 2025
Listed
January 26, 2025
Updated
Map
216 W LINCOLNWAY Unit: 31A
Cheyenne WY, 82001
Interior Features
Total Stories
3
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
115 V Electricity, 220 V Electricity, Three Phase PWR, City Water, Gas Forced Air Heat, Hot Water Heater, Natural Gas, Public Sewer, Other/See Remarks
Exterior/Building Features
Lot Size
0.2 Acres
Roof
Membrane, Other
Other Property Details
Area Name
LARAMIE
Garage
No
View
No
Pool
No
Courtesy of #1 Properties, Jim Weaver,
Listing Contact: 307-630-5161
Based on information from Cheyenne Board of REALTORS (CBOR) as of 1/26/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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Data last updated 9:16 PM UTC, 1/26/2025